On Sunday, we looked at a bearish EURUSD scenario. Following the close above the 1.1170 area on March 5th, the EURUSD hit our target at 1.1450. However, the pullback into that 1.1170 region was far too aggressive to think about buying the pair, in my opinion. Then on Friday, the EURUSD closed back below the descending channel top that extends from the 2019 high. Last week’s close confirmed the false break and opened up downside targets, including 1.1070, 1.0990, and 1.0900. Monday’s retest of 1.1170 wasn’t perfect, though. The pair even closed just above that level. But as I’ve mentioned in the past, these levels are ... (full story)